... Expected growth of 14.7%. $LAZR - Luminar Technologies Inc (Report at 00:00 MSK): Expected increase of 7.5%. $LYV - Live Nation Entertainment (Report at 00:05 MSK): Projected decrease of 3.0%. 1. European Market Events Germany Industrial Production (September) — Published at 07:00 GMT Germany’s industrial production data provides insight into the strength of the country’s manufacturing sector, the backbone of Europe’s largest economy. Growth here signals robust industrial demand, supporting ...

... new steps to restrict Russia's revenue from oil exports. Canada, the European Union, and the United Kingdom have announced a reduction in the price cap on Russian oil from $60 to $47.60 per barrel, with the updated price ceiling set to take effect on September 3. This measure aims to intensify economic pressure on Moscow by reducing its oil revenues and limiting funding capabilities for military actions. Concurrently, the U.S. continues to expand its sanctions campaign: President Donald Trump previously ...

... level of oil prices and the trade wars initiated by the United States, experts surveyed by RIA Novosti stated. On Sunday, Russia, Saudi Arabia, the UAE, Iraq, Kazakhstan, Kuwait, Oman, and Algeria decided to continue increasing the production ceiling in September by an additional 547,000 barrels per day. Thus, by the beginning of the fourth quarter, these eight countries will complete their exit from voluntary restrictions amounting to 2.2 million barrels per day. However, they still have voluntary production ...

... associated supply risks. Nevertheless, the potential for significant price increases remains limited. The proactive policy of OPEC+ regarding production increases has already been factored into the market: through gradual quota increases from April to September, additional oil volumes are cooling price dynamics. Additionally, concerns over a slowing global economy and demand in China are tempering price rallies. A range of analysts have revised oil price forecasts downward: it is expected that in the ...

... forgo traditional resources. In Russia, after a recent spike in fuel prices, authorities are continuing to take measures to stabilize the domestic market. A significant turning point is expected in the coming month: according to government estimates, in September gasoline production volumes will exceed domestic consumption, which should eliminate shortages and cool prices. Below is a detailed overview of key news and trends in the oil, gas, electricity, and commodity sectors as of this date. Oil Market: ...